management by objectives drucker

• In Memoriam Peter F. Drucker (1909-2005)

Peter F. Drucker, who was often called the world's most influential business scholar and whose thinking transformed corporate management in the latter half of the 20th century, died Nov 11 at his home in Claremont, California. Drucker was born in Vienna on Nov 19, 1909. He started his career in Economics by working for several German banks and export companies, and, at the same time, as economic journalist for Austrian and German newspapers and international banks in London. Drucker pioneered the idea of privatization and the corporation as a social institution. He coined the terms "knowledge workers" and "management by objectives". Although he was not always right with his visions, in the world of management gurus, there is no debate. An interview taken with Drucker in 1997 when he was...

• Journal for East European Management Studies
• Band 10 Nr. 4, Oktober 2005

• A Multi-Dimensional Analysis of Managers' Power - Functional, Socio-Political, Interpretive-Discursive, and Socio-Cultural Approaches**

Managers' power within organisations has been analysed by several approaches: Orthodox management and organisation studies ('functional approach'), Critical Management Studies ('socio-political approaches'), interpretive, discourse-oriented and constructivist concepts ('interpretive-discursive approaches'), and anthropological, socio-psychological and sociological approaches ('socio-cultural approaches'). In organisational reality functional, socio-political, interpretive-discursive, and socio-cultural aspects are closely related and intertwined. However, because of division of intellectual labour, probably more because of different worldviews, researchers often make use of these approaches quite selectively. Such focussing has its advantages but also weaknesses. This paper therefore ar...

...; Lawrence/Lorsch 1967; Chandler 1962; Drucker 1954; Fayol 1949; Taylor 1911/1967). This approach... identify problems, set the agenda and objectives, to make decisions and/or influence decision-makin...

• Management Revue
• Band 20 Nr. 4, Oktober 2009

• Calculating Human Capital: The Market Based Valuation of the Human Resource**

According to the Resource Based View of strategic management, analyzing the human resource of a specific firm in terms of its potential to serve as a source of a sustainable competitive advantage requires an examination of - among others - the resource value. The question of how to parameterize this value, i.e., how to calculate human capital, straightly leads to an integration of RBV reasoning with market based models of the competitive environment at the factor and product market side. However, there seems to be a tacit consent among strategy scholars that the only adequate market mechanism to be used for resource valuation is the product market with the economic rents effectively created there. Yet this regularly ends in a tautology criticism of the RBV. It thus is the particular pur...

... thinking (e.g., Bleicher/Berthel 2002; Drucker 1992) in the 1990s: In the business context, knowl... in equifinal strategic business objectives, namely "achieving a sustainable competitive advan...

• Zeitschrift für Personalforschung
• Band 21 Nr. 3, Juli 2007

• Der Kontrakt Der Arbeit Bei Wissensintensiven Dienstleistungen**

This paper approaches post-fordist work regulation and proposes to analyse the regulation of knowledge work from the perspective of contract relations, it discusses the concept and quantitative extent of knowledge work, and regards project-organisation as a characteristic feature of the post-fordist production mode. The article deals with contract relations of knowledge work within and beyond the standard employment conditions. Subsequently, the terms and perspectives of work regulation in the post-fordist era are examined. Finally the paper argues that the post-fordist mode of work regulation requires a strengthening of the rights of individuals and is characterised by metarules.

...Fordistische Managementprinzipien und Regulationsformen sind auf wissensintensive Di...-, Informations- oder Wissensgesellschaft (Drucker 1969; 1994; Bell 1973; Reich 1996), dass in entwic...Mit dem Management by Objectives (MbO) finden werkvertragsähnliche Elemente Eingan...

• Industrielle Beziehungen
• Band 11 Nr. 3, Juli 2004

• Great Expectations? Enterprises Expectations About Graduate Education in the Field of Management: Evidence From Slovenia

As a response to the emerging trend of greater enrolment in graduate programmes in Slovenia, this paper assesses the role of higher education (i.e. specifically in the management field) in Slovenian enterprises. The research includes representatives from 80 enterprises and 160 graduate students. It is believed that knowledge and other individual's capabilities obtained in the process of formal education are utilized in companies. However, the opposing belief among students that enterprises do not seek candidates with graduate degrees emphasizes the importance of a deeper investigation of the subject. Research data show that graduate education can be seen not only as an advantage but also as a disadvantage.

...-after capabilities (Brown/Hesketh 2004; Drucker 1993). Managers possess knowledge, which is a part... sustained so as to fulfil a company's objectives. The speed of development is accelerating and, to ...

• Journal for East European Management Studies
• Band 12 Nr. 2, April 2007